A foreign customs employee who inspects a U.S. firm's import shipment ________ a government official and bribing this employee ________ illegal under the Foreign Corrupt Practice Act (FCPA).
A) is; is not B) is not; is not C) is; is D) is not; is
C) is; is
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On average, the greater the unexpected decline in aggregate demand
A) the weaker is the resulting deflation. B) the greater is the resulting deflation. C) the greater is the resulting inflation. D) the greater is the rise in the price level.
According to Kathryn Edin and Laura Lein, virtually all poor single mothers supplemented their income with money from _______________________.
Fill in the blank(s) with the appropriate word(s).
In Macroland, potential output equals $100 trillion and the natural rate of unemployment is 4 percent. If the actual unemployment rate is 5 percent, then real GDP must be:
A. $96 trillion. B. $104 trillion. C. $98 trillion. D. $102 trillion.
An indirect effect of monetary policy is that as the money supply
A. decreases, interest rates fall, and borrowing and spending increase. B. decreases, interest rates rise, and borrowing and spending increase. C. increases, interest rates fall, and borrowing and spending increase. D. increases, interest rates rise, and borrowing and spending decrease.